Dogecoin Holds $0.19 Range Within Ascending Channel, Here Are the Next Support and Resistance Levels

• Dogecoin trades near $0.19, maintaining stability within an ascending channel pattern.
• Key resistance levels sit at $0.2025, $0.2190, and $0.2323, with strong support near $0.1758.
• On-chain data shows renewed accumulation, with $8.46M inflows and rising open interest.

Dogecoin continues to trade within an ascending parallel channel, maintaining steady price movement between defined support and resistance levels. The cryptocurrency remains resilient around the $0.19 range, showing consistent participation and structured trading activity. Data reflects stable accumulation patterns and balanced market behavior across multiple technical and on-chain indicators.

Dogecoin’s Technical Structure Reflects Controlled Upward Movement

According to analysis prepared by Trader Tardigrade, the two-hour Dogecoin chart displays price action moving between $0.175 and $0.206. Each oscillation aligns with the channel’s upper and lower boundaries, confirming controlled price behavior within the formation. The latest trading activity near $0.188 remains close to lower channel support, maintaining alignment with the broader trend.

The structure continues to record higher lows and higher highs, sustaining Dogecoin’s upward momentum. Key levels are marked at $0.2025, $0.2190, and $0.2323, which represent resistance zones. Support remains near $0.1890 and $0.1758, areas where buyers have historically defended price. Technical indicators show reduced selling pressure, while exponential moving averages between $0.1940 and $0.2238 act as resistance.

According to CarlMoon, “DOGE is holding the golden pocket support. If bulls reclaim the weekly open, a breakout could form.” The one-hour chart shows a rebound from $0.1820 toward $0.1920, reflecting renewed short-term strength. Consolidation may be seen before possible upward continuation by price levels close to the daily and weekly opens at $0.1940 and $0.1953 respectively.

Market Participation and On-Chain Data Indicate Gradual Accumulation

Data from DeFiLlama shows Dogecoin’s total value locked in DeFi at $16.85 million, reflecting stable engagement. Chain fees and revenue over the past 24 hours each stood at $2,176. 

Market capitalization reached $29.434 billion, with the fully diluted value at $29.439 billion, showing overall network consistency. According to Coinglass data, open interest has risen to $1.73 billion after declining from earlier yearly peaks. 

Exchange flow data recorded an $8.46 million net inflow on October 23, marking a return of buying activity. KuCoin’s launch of KuPool, which supports Dogecoin mining, may further enhance network participation and liquidity stability.